Hawkeye_Analytics

Arena REIT - Upside Bias following MACD below 0 for 30-days

Long
ASX:ARF   ARENA REIT.
Since listing in 2013, Arena REIT (ARF) has displayed a consistent 18-day return following a 12, 26, 9 MACD Daily Histogram below 0 for 30 consecutive days. This type of downside persistence is very rare, having only been observed on 6 previous occasions. Yesterday, marked the 7th observations.

Looking forward 18-days, ARF, provided an average gain of 4.04%, win rate of 5 from 6, standard deviation 3.99%, maximum 9.09%, median 3.39%, minimum -1.90%.

Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.

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